Monday, April 9, 2012

New Poll: Are You Interested in the Eagle Ford?

It's time for a new poll.

Results of the current poll regarding likelihood of US releasing oil from the Strategic Petroleum Reserve:
  • Yes, no question: 30%
  • Yes, only if gasoline > $5/gallon: 28%
  • No, unless gasoline > $6/gallon: 12%
  • No, unless shooting war in Mideast halts "all" exports: 18%
  • No, not under any circumstances: 11%
I will go out on a limb and suggest that 70% of those responding feel the US will not be releasing oil from the Strategic Petroleum Reserve in the near term (this summer): I doubt gasoline will > $5 gallon, and I doubt a shooting war will halt "all" Saudi oil.

Now, for the new poll: what percent of readers are interested in the Eagle Ford?

I ask this question because I think the Eagle Ford will become a bigger play in terms of production than the Bakken over time. I believe the Eagle Ford covers a larger area, and is thicker. The Eagle Ford will become the biggest competitor for Bakken resources (fracking sand, rigs, personnel).

Regardless of the outcome of the poll, I won't be following the Eagle Ford any more closely than I do now. I don't have the time or resources, and I am emotionally attached to the Bakken, where I grew up. Interestingly, I now call San Antonio home.

I know many (majority?) of my readers are also interested in the activity in Montana but I don't have the time or resources to follow it more closely than I already to. Sorry.